December retail sales rise 4.5%

Report on chains seen as mixed bag; late holiday discounts cited

Posted: January 4, 2013 at 1:44 a.m.

Shoppers exit an OfficeMax store in Peoria, Ill., on Wednesday. Despite early signs of slow Christmas shopping, retailers tracked by Thomson Reuters reported sales that beat analyst expectations.

Many major U.S. retailers were able to recover from a slow start to December shopping, according to monthly sales results reported Thursday.

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Business, Pages 23 on 01/04/2013